Our HONORS Economics Financial Literacy Review

All of the following needs to be wrote on the check EXCEPT

What are the numbers at the bottom of a check?

How much money is backed by the FDIC?

Which best describes Investing?

Who are taxes NOT payed to?

What can hinder your credit score?

What percent of people pay back credit on time and in full?

Which investment option has a fixed amount of interest for a fixed amount of time?

Which of the following is NOT a characteristic of a good tax?

How long will it take to double $10,000 at an interest rate of 4%?

The Truth in Savings Act states that institutions must disclose what information?

Which of the following offers the highest risk and reward?

___________ are usually small scale, locally organized type of saving institution.

The Constitution gives the Congress the power to tax according to which Article?

Which if the following is usually not considered a depreciating investment?

The biggest section of your credit score? (35%)

The ______ is who is affected most by the tax

What is considered a good credit score range?

What % of your pay check should you put away?

Which of the following is NOT an example of a tax base?